Buy Opportunity? Jan 20

[marko]

Dow futures were down 800 at 5am this morning over Greenland. Could be a good day to grab those stocks I've been eyeing, or at least some TLH.

Recent history says that this dip won't last long.

 

[VanWinkle]

How do you tax loss harvest when everything has gains? Good problem to have!
I still have some carryover losses from 2020.

 

[marko]

How do you tax loss harvest when everything has gains? Good problem to have!
I still have some carryover losses from 2020.

Depends on how far things drop, I suppose. A few things acquired last year could tumble enough, but sure: I'm more focused on bargains that might surface.

 

[Fishmasterdan]

Whats on your list. ?? I am look at IREN, TQQQ, XOM, MO, QQQ, SOFI. All stuff to run options on. IDVO for more in the ETF growth world. Gonna wait for the VIX to come down and see whats a bargain.

 

[dobig]

I'm trying to put recent events into perspective and temper my expectations. Previous 2025 tariff announcement were severe and across the globe. This go around we're talking eight countries and initial tariff Feb 2 of 10% with an additional 15% in Jun if an agreement on Greenland isn't reached. I have a good chunk of cash sitting on the sidelines but I personally am not seeing another 20%+ crash so I'll start incrementally putting money to work.

 

[L-5Player]

I don't see this particular insanity ending soon, nor do I see it being forgotten by the rest of the world. I believe that a previously unthinkable line has been crossed. Permanent action will be taken by the EU even if there is an immediate 180º turn (which won't happen). The stakes are enormous and well beyond the scope of what is allowed to be discussed here.

In short, I think it's a bit early to buy the dip.

 

[COcheesehead]

Buy fear

 

[Flieger]

I don't see this particular insanity ending soon, nor do I see it being forgotten by the rest of the world. I believe that a previously unthinkable line has been crossed. Permanent action will be taken by the EU even if there is an immediate 180º turn (which won't happen). The stakes are enormous and well beyond the scope of what is allowed to be discussed here.

In short, I think it's a bit early to buy the dip.

I think it is early yet, but I don't think this is "doomsday". Markets will recover.

Flieger

 

[COcheesehead]

20 year treasuries in the 4.625% - 5% coupon range are selling at or below par.

 

[G POP]

only about 5K dry powder for the play account if I notice a potential buy. Nothing stands out at this moment. Might just grad a few shares of VTI. Boring. Oh well. Isn't it supposed to be?

 

[MichaelB]

<mod note> Just a reminder, we really need to stick to investing and avoid the politics here.

 

[jim584672]

20 year treasuries in the 4.625% - 5% coupon range are selling at or below par.

 

[CalBird]

Triggered some of my limit buy order this morning before I woke up. Turbulence is expected this year. Fastening the seat belt.

 

[thenameiwish]

There is turbulence EVERY year.

 

[marko]

IMO we're in a period of very rapid shifting between risk on, risk off, risk on, risk off, which from an investor's point of view should be welcomed.

A worse case scenario would be where the market continues upwards for years on end, followed by a painful correction.

Right now we get a mild pullback every few months where bargains can be found, followed by nice advances. More of a ratchet effect than all or nothing.

But I could be out in the weeds...what do I know. One man's view.

 

[USGrant1962]

The market is trading where it was a whole 3 weeks ago - perspective, folks, perspective...

 

[TheWizard]

Normally the past few years, I've been moving a few thousand dollars of excess income into my taxable account most months.
I've had some unusual expenses the past few months so I paused that but should resume in early February.

I formerly used limit orders in my taxable account to buy more stock index fund shares, typically VOO, VGT, QQQ, MGK.

Lately I've decided I really should use market orders to buy those funds immediately when money is available.
If those recently purchased shares decline in value by 5% or more, then it's TLH time: a sideways move from VOO into VTI or VV, for example.

As someone else mentioned, shares purchased more than a year ago will likely never show a loss, only the more recent purchases...

 

[Sunset]

The market is trading where it was a whole 3 weeks ago - perspective, folks, perspective...

Yeah, really nothing at this point.

 

[skipro33]

It's the profit takers at work. All the press about it being anything else is just their pontificating facts they know nothing about. It's simply amazing how ignorant the mainstream media is when it comes to why markets go up and down on the short term. The sellers pull this stunt every so often when they see the opportunity to capitalize on what seems to be reason to panic and will flip once the poor saps who do panic buy into this devaluation of the market and harvest those fear sales. My opinion of course, but we'll see over 7,000 by the end of the month. Well, maybe by the end of two weeks at most.

 

[Fishmasterdan]

Was able to buy to close all my existing CC positions first thing in the morning. Then entered new contracts. And bought all those back.. LOL. 20% to 50% on each contract. Was able to grow cash by .5% today all while stocks are going down (unrealized loss). Got lucky today. Hit my goal of 1 % in cash a month playing around with options.

 

[PaunchyPirate]

I TLH'd a bit today on an ETF I purchased just earlier this month. I'm going to be looking at every chance I can to realize some losses this year to try and keep my MAGI below the ACA threshold. Looks like I should have done it an hour or 2 later in the day to maximize it though. Oh well. Next time.

 

[EastWest Gal]

Triggered some of my limit buy order this morning before I woke up. Turbulence is expected this year. Fastening the seat belt.

A reminder that I need to set some limit buy and sell orders-buy in my IRA and sell in my taxable (which I need to sell periodically anyway).
Turbulence = volatility. a feature of the equity markets.

 

[Flieger]

Held off today. I don't have a lot of dry powder, so being patient...

Flieger

 

[Onda]

I was actually thinking more along the lines of getting rid of U.S. Treasuries — but then I realized I don’t have any

 

[FREE866]

I mean the market is down like 2%,,,,,how is this being considered a "selloff"!?